A RESOLUTION ACCEPTING THE CABLE CONSULTANT’S REPORT AND FINDING TIME WARNER CABLE’S 2008 BASIC SERVICE TIER RATES TO BE ACCURATELY CALCULATED ACCORDING TO FCC RULES AND REGULATIONS (2008-01-14/R-3)

WHEREAS, Time Warner Cable submitted Federal Communications Commission (FCC) Form 1240 Updating Maximum Permitted Rates for Regulated Cable Services; and

WHEREAS, Time Warner submitted FCC Form 1205, Determining Regulated Equipment and Installation Costs; and

WHEREAS, the Town of Chapel Hill is certified with the FCC to regulate Basic Service Tier rates provided by Time Warner Cable in franchise NC-0234; and

WHEREAS, the Town’s cablevision consultant has reviewed the rates and has determined that they are accurately calculated according to the rules of the FCC;

NOW, THEREFORE, BE IT RESOLVED by the Council of the Town of Chapel Hill that the Council accepts the cable consultant’s report and finds Time Warner Cable’s 2008 Basic Service Tier rates to be calculated according to FCC rules and regulations.

This the 14^th day of January, 2008.